At lower level, stay on with a stop loss of 645: Sandeep Wagle

In an interview with ET Now, Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, talked about Garware Wall and Cadila Healthcare. Excerpts:

What are your views on Garware Wall and Cadila Healthcare?

The pattern is extremely positive. It is already up 17% over the week, 5% today. So I am not very comfortable buying at this level; but if one has bought in the range of 85 to 87, I do see a target which is somewhere around 100 plus, possibly 104 to 105 in the next week or two. Cadila Healthcare, pattern-wise, is positive, but there is no specific pattern suggesting a buy at this level. I would talk of range-bound movement between somewhere around 640 and 670. If it breaks out of that range, then one can decide, but I would not buy at this level. But at lower level, one can stay on with a stop loss of possibly 645.